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Non-oil sector hits two year low as regional volatility stokes costs
The headline index fell for a fourth consecutive month in March,dropping 0.8 points from the month before
PMI hits 23-month low as non-oil activity contracts in March
Good afternoon, dearest readers, welcome to the first full workweek of April, and happy Palm Sunday to those who celebrate.…
Moody’s affirms Caa1 as interest costs and the Iran war test fiscal gains
Government interest payments are projected to peak at roughly 63% of general revenue this fiscal year
CBE holds rates as regional war derails easing cycle
Growth outlook for the current fiscal year was trimmed to 4.9% as uncertainty weighs on economic activity
CBE pauses easing cycle, keeps rates steady
Good morning, friends, and happy weekend. It’s been another intense week in the press as the regional repercussions of war…
Egypt moves to list five state-owned firms on the EGX
Good afternoon, friends, and congratulations on making it to the weekend. It’s been quite the packed week in the press,…
Rising debt costs swallow Egypt’s fiscal gains in FY through February
The primary surplus almost doubled to EGP 656.8 bn to the equivalent of 3.1% of GDP
Egypt hikes public sector minimum wage to EGP 8k
Good morning, friends. You may want to head out the door a little earlier than usual if you want to…
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